Legal 123s with ByrdAdatto

In this episode, we share the story of a senior physician looking to sell his practice using a common exit strategy, “The Sensei Plan.” With this plan in mind, the physician hired a younger physician and dedicated three years to mentoring and training. Years later, what was supposed to be a seamless transition became a series of complex negotiations. Tune in as we explore the role your exit strategy should play in all phases of an M&A sale. We discuss the critical terms to address before entering into this arrangement. Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topicVisit https://byrdadatto.com/podcast/selling-a-medical-practice-using-the-sensei-plan/ to read the episode’s transcript which has been edited for readability.Facebook: https://www.facebook.com/ByrdAdatto/ Twitter: https://twitter.com/ByrdAdatto Instagram: https://www.instagram.com/byrdadattolaw/ LinkedIn: https://www.linkedin.com/company/byrdadatto YouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

We talk a lot about the five phases of an M&A deal: the letter of intent (LOI), due diligence, the definitive agreements, closing, and post-closing. Each of these phases makes up the M&A process, and each serves a very important purpose. In this episode, we share what can happen when you stray away from this process and how to avoid these mistakes. Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics. Visit https://byrdadatto.com/podcast/m-a-mistakes-and-how-to-avoid-them/ to read the episode’s transcript which has been edited for readability.Facebook: https://www.facebook.com/ByrdAdatto/ Twitter: https://twitter.com/ByrdAdatto Instagram: https://www.instagram.com/byrdadattolaw/ LinkedIn: https://www.linkedin.com/company/byrdadatto YouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

In this episode, we are joined by Mike White, a CPA with extensive experience in dental M&A deals. Mike shares his insights on the dental side of M&A, including the metrics used by dental support organizations (DSOs) to value a practice. Tune in as we highlight how the dental and health care markets evolved over time and how DSOs and management services organizations (MSOs) have contributed to this change. Whether you're a dentist looking to sell your practice, an investor exploring opportunities in the health care market, or just curious about how these deals work, you will not want to miss this episode!Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics. Visit https://byrdadatto.com/podcast/dental-ma-deals-with-mike-white/ to read the episode’s transcript which has been edited for readability.Facebook: https://www.facebook.com/ByrdAdatto/ Twitter: https://twitter.com/ByrdAdatto Instagram: https://www.instagram.com/byrdadattolaw/ LinkedIn: https://www.linkedin.com/company/byrdadatto YouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

Board Certified Plastic Surgeon Rachel Walker, MD shares her experience with purchasing a medical practice, covering everything from finding a business broker and securing financing to navigating health care regulations. Tune in for the intricacies involved in purchasing a medical practice, tips for entrepreneurial success in the health care industry, and legal considerations for different types of M&A deals. To learn more about Dr. Walker and the services she provides, visit www.cosmeticsurgerydallas.com. Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://byrdadatto.com/podcast/buying-a-medical-practice-with-rachel-walker-md/ to read the episode’s transcript which has been edited for readability.Facebook: https://www.facebook.com/ByrdAdatto/ Twitter: https://twitter.com/ByrdAdatto Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

In this episode, M&A advisor Ben Hernandez discusses the various phases business owners typically go through when getting ready to sell their business and seek out potential buyers. Ben emphasizes the importance of a Quality of Earnings (QOE) analysis during the due diligence phase, as it provides valuable insights into the company's financial performance and helps to identify any potential risks or issues that may impact the transaction. Tune in for Ben’s insights into the challenges sellers may face during the process and tips on how to navigate them successfully.Ben is the founder and a partner at Skytale Group, a full-service strategic, financial, and M&A advisory firm. Learn more about Skytale at https://skytalegroup.com/.Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics. Visit https://byrdadatto.com/podcast/quality-of-earnings-analysis-in-m-and-a-with-ben-hernandez/ to read the episode’s transcript which has been edited for readability.Facebook: https://www.facebook.com/ByrdAdatto/ Twitter: https://twitter.com/ByrdAdatto Instagram: https://www.instagram.com/byrdadattolaw/ LinkedIn: https://www.linkedin.com/company/byrdadatto YouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

In this episode, we share the story of a med spa that was approached by a large private equity firm interested in purchasing the business. Tune in as Michael, Brad and series regular Jay Reyero breakdown the initial step of an M&A deal – the due diligence phase. We share what you should consider when identifying your risk tolerance, and how operating a compliant business can make or break a deal like this.Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics. Visit https://byrdadatto.com/podcast/due-diligence-why-compliance-matters-in-ma/ to read the episode’s transcript which has been edited for readability.Facebook: https://www.facebook.com/ByrdAdatto/ Twitter: https://twitter.com/ByrdAdatto Instagram: https://www.instagram.com/byrdadattolaw/ LinkedIn: https://www.linkedin.com/company/byrdadatto YouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

We kick off Season 12 of the Legal 123s with ByrdAdatto with a live recording and guest Robin Pou! Robin is an executive coach, and he joins Michael and Brad to highlight the importance of strong leadership in successfully scaling and selling a business. Tune in for Robin’s leadership tools.As an established thought leader on modern management, leadership trends and career development, Robin’s insights have been featured in leading media publications around the world. Robin shares his latest leadership insights in a popular weekly newsletter called The Confident Leader, and you can sign-upfor the newsletter online at TheConfidentLeader.com. Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics. Visit https://byrdadatto.com/podcast/the-importance-of-leadership-in-scaling-and-selling/ to read the episode’s transcript which has been edited for readability.Facebook: https://www.facebook.com/ByrdAdatto/ Twitter: https://twitter.com/ByrdAdatto Instagram: https://www.instagram.com/byrdadattolaw/ LinkedIn: https://www.linkedin.com/company/byrdadatto YouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

In this episode, hosts Michael Byrd and Brad Adatto reflect on a fun season full of “Hard Conversations”. Tune in as we share key takeaways from Season 11 and announce what is to come in Season 12 of the Legal 123s with ByrdAdatto Podcast starting April 5th. You will not want to miss it!As always, watch and listen to new episodes of the Legal 123s with ByrdAdatto Podcast every Wednesday! You can listen to all twelve seasons on Apple Podcast, Spotify, and other platforms!Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics. Facebook: https://www.facebook.com/ByrdAdatto/ Twitter: https://twitter.com/ByrdAdatto Instagram: https://www.instagram.com/byrdadattolaw/ LinkedIn: https://www.linkedin.com/company/byrdadatto YouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

This season’s theme is Hard Conversations, and in this final episode, Michael and Brad share their own hard conversation with a physician client involved in a tax evasion scheme. Tune in for Brad’s “main character” moment, the impact of differences in communication, risk tolerance, and health care compliance. Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics. Visit https://byrdadatto.com/podcast/hard-conversations-giving-the-answer-that-needs-to-be-given/ to read the episode’s transcript which has been edited for readability.Facebook: https://www.facebook.com/ByrdAdatto/ Twitter: https://twitter.com/ByrdAdatto Instagram: https://www.instagram.com/byrdadattolaw/ LinkedIn: https://www.linkedin.com/company/byrdadatto YouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

In this episode, Michael and Brad are joined by Sarah Allen, MD, and Claire O'Bryan, ANP-C, co-founders of The Skin Clique. Sarah and Claire share how they leveraged compliance to scale their business. We discuss Botox parties, concierge medicine, and their proactive conversation with the medical board. . Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics. Visit https://byrdadatto.com/podcast/hard-conversations-navigating-the-grey-spectrum-with-claire-obryan-anp-c-and-sarah-allen-md/ to read the episode’s transcript which has been edited for readability.Facebook: https://www.facebook.com/ByrdAdatto/ Twitter: https://twitter.com/ByrdAdatto Instagram: https://www.instagram.com/byrdadattolaw/ LinkedIn: https://www.linkedin.com/company/byrdadatto YouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg Connect with Sarah Allen, MD and Claire O'Bryan, ANP-CWebsite: https://theskinclique.com/Podcast: https://podcasts.apple.com/us/podcast/the-dabble-co-podcast/id1501379260 [RE1]